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Buhari signs N10.8trn revised 2020 budgets

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Buhari signs N10.8trn revised 2020 budgets :

Bashir Ahmad, Personal Assistant on New Media to President Buhari, said the President signed the revised budget into law around 11:04am on Friday, July 10.

Nigeria had to revise its budget estimates and assumptions following a drop in crude oil prices and the effects of COVID-19 pandemic on global supply chains.

On June 11, the senate increased the total size of the revised budget by N5 billion from N10.805 trillion to N10.810 trillion.

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